METHODIST HOME
METHODIST HOME is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Bud Oil, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2023 to August 2026, totalling 4,729 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $27K, with roughly $3K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 138 thousand cubic feet a month. Its strongest month on the record we hold was January 2024, at 157 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about METHODIST HOME
- Who operates METHODIST HOME?
- METHODIST HOME is operated by Bud Oil, Inc., Railroad Commission of Texas operator number 106343.
- Where is METHODIST HOME?
- METHODIST HOME is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 296627.
- Is METHODIST HOME still producing?
- METHODIST HOME is currently producing. The most recent month of production reported to the Railroad Commission of Texas for METHODIST HOME is August 2026.
- How much has METHODIST HOME produced?
- METHODIST HOME has reported 4,729 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2023 and August 2026, from 1 wellbore.
- How much is METHODIST HOME worth?
- The remaining production from METHODIST HOME is estimated to be worth about $27K in total as of 26 August 2026, within a range of $21K to $33K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in METHODIST HOME is a fraction of it. The estimate fits an Arps decline curve to the production METHODIST HOME has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for METHODIST HOME is an estimate of value, not an offer and not an appraisal.
- How much income does METHODIST HOME generate in a year?
- METHODIST HOME is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in METHODIST HOME receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bud Oil, Inc. |
|---|---|
| Field | Alvord (Atoka Conglomerate) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 296627 |
| Wellbores | 1 |
| Reported production | 4,729 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $27K |
Where METHODIST HOME sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.